Managing Director, Market Data Procurement and Advisory

Reference: PR/605081_1786538030A procurement vendor management firm is looking to hire a Head of Market Data Procurement to join their team based in New York.Role: Head of Market Data ProcurementLocation: Manhattan, NY - 4 days in office, remote on FridayCompensation: $200,000 to $240,000plus bonusOverview Lead and scale a market data advisory and procurement business serving financial institutions, including private equity, hedge funds, investment banks, and asset managers. This role owns strategy, P&L, team leadership, client relationships, and business growth, with a focus on building a scalable practice exceeding $10M+ ARR.Key ResponsibilitiesOwn full P&L, growth strategy, pricing, delivery model, and operating metrics.Build and lead a high-performing global team of procurement and market data specialists.Serve as executive sponsor for strategic client engagements and complex vendor negotiations.Develop relationships with major market data, research, and analytics providers.Identify revenue growth opportunities through client expansion and new business development.Partner cross-functionally with sales, client success, and operations to drive business performance.Requirements10+ years of experience in market data, strategic sourcing, procurement, vendor management, consulting, or related financial services fields.Proven track record building and scaling teams, practices, or business lines with significant revenue growth.Experience leading teams of 5+ and managing international stakeholders.Strong executive-level negotiation, communication, and commercial skills.Financial acumen with experience managing budgets, forecasts, pricing, and margins.Bachelor's degree required; advanced degree preferred.Preferred BackgroundProcurement, spend management, advisory, or managed services experience within the financial services ecosystem.Established relationships across market data and research vendors.Experience in high-growth, private equity-backed, or global organizations.Background leading distributed teams and international business expansion.